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Today's Market

Why are stocks up (or down) and what does the latest Nvidia news mean? Today’s Market will answer those questions and keep you informed about big stock market movers. We’ll also tell you about the latest Fed moves, what stocks Warren Buffett is buying, and which stocks look primed for a short squeeze. Today’s Market is the perfect pairing of InvestorPlace’s expert financial advice and critical stock and crypto news.

Top Stories

Market News

Should You Buy Palantir (PLTR) Stock Before May 6?

By Samuel O'Brient, InvestorPlace Reporter
Palantir is about to report earnings on May 6. Here's why investors should be watching closely and PLTR stock is rising.

Why Are Chinese Stocks BABA, PDD, BIDU, JD Up Today?

By Chris MacDonald, InvestorPlace Contributor
Chinese stocks are absolutely ripping higher, with a new trade brewing in the market that has caught many money managers by surprise.

Wedbush Just Raised Its Price Target on Super Micro Computer (SMCI) Stock

By Samuel O'Brient, InvestorPlace Reporter
One analyst recently raised his price target on SMCI stock. Here's why Super Micro Computer is still struggling and may not be a good buy.

Fisker Stock Alert: Fisker Announces 6 New Dealership Locations

By Eddie Pan, InvestorPlace Financial News Writer
FSRN stock is rising after the electric vehicle company announced that it had signed on six new dealer partner locations.

Change Healthcare Cyberattack: What Caused the Outage? Who Was Impacted?

By William White, InvestorPlace Writer
Change Healthcare cyberattack details are emerging on Thursday after parent company UnitedHealth's CEO spoke during a U.S. Senate hearing.

April Deliveries Growth Supercharges XPeng (XPEV) Stock

By William White, InvestorPlace Writer
XPeng stock is up on Thursday after the EV company surprised XPEV shareholders with strong delivery data for April 2024.

MercadoLibre Stock Split: Will MELI Investors See Wishes Come True Today?

By William White, InvestorPlace Writer
MercadoLibre stock is up on Thursday as investors are hoping a split for MELI shares will be announced after markets close today.

Intel CEO Pat Gelsinger Is Doubling Down on Mobileye (MBLY) Stock

By Eddie Pan, InvestorPlace Financial News Writer
MBLY stock is in focus after Intel CEO Pat Gelsinger disclosed a $100,000 insider purchase. Here's what you need to know.

LCID Stock: Lucid Motors Announces New Saudi EV Partnership

By Samuel O'Brient, InvestorPlace Reporter
Lucid Motors is joining forces with the King Abdulaziz City for Science and Technology (KACST). Here's why this is good news for LCID stock.

JPMorgan Just Raised Its Price Target on Carvana (CVNA) Stock

By William White, InvestorPlace Writer
Carvana stock is climbing higher on Thursday after shares of CVNA got an increased price target and upgrade from JPMorgan analyst Rajat Gupta.

Emergent BioSolutions Layoffs 2024: What to Know About the Latest EBS Job Cuts

By William White, InvestorPlace Writer
Emergent BioSolutions layoffs have the life sciences company cutting 300 jobs as it also plans to close down two of its facilities.

Truist Just Cut Its Price Target on Rivian (RIVN) Stock

By Eddie Pan, InvestorPlace Financial News Writer
Rivian is slated to report its Q1 earnings on May 7 after the market close, although Truist Securities lowered its price target ahead of time.

Why Is Allarity Therapeutics (ALLR) Stock Up 39% Today?

By William White, InvestorPlace Writer
Allarity Therapeutics stock is rising higher on Thursday as investors in ALLR celebrate the company ending a clinical trial early.

PLUG Stock: Plug Power Expands Cryogenic Sales

By William White, InvestorPlace Writer
Plug Power stock is up on Thursday after the hydrogen and fuel cell company excited investors by announcing new cryogenic supply contracts.

Why Are Stocks Up Today?

By Larry Ramer, InvestorPlace Contributor
Fed Chairman Jerome Powell yesterday appeared to rule out interest rate hikes for the foreseeable future. His statements sent stocks up today.

Peloton Layoffs 2024: What to Know About the Latest PTON Job Cuts

By Dana Blankenhorn, InvestorPlace Contributor
Peloton hopes the latest round of layoffs, combined with stabilizing subscription revenue, will lead to positive cash flow.

Why Is Freshworks (FRSH) Stock Down 17% Today?

By William White, InvestorPlace Writer
Freshworks stock is falling on Thursday as FRSH investors learn of its CEO stepping down and react to lackluster 2024 guidance.

Trade of the Day: Buy Cameco (CCJ) Stock Call Options and Bet on a Uranium Rebound

By Josh Enomoto, InvestorPlace Contributor
Although Cameco’s uranium business may be controversial, the necessity of the energy asset could drive CCJ stock higher.

Why Is Fastly (FSLY) Stock Down 36% Today?

By William White, InvestorPlace Writer
Fastly stock is falling on Thursday as FSLY investors react to weak guidance and mixed results in its earnings report for Q1 2024.
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